All posts tagged BitFury

Shirts are displayed, for sale, at the Bitcoin Center NYC in New York.

Brendan McDermid/Reuters

BitFury Group Ltd. last week secured one of the largest rounds of funding in the bitcoin sector, bringing in $20 million. It is already one of the world’s largest bitcoin mining companies, which use semiconductors and servers to produce fresh bitcoin, and it’s slated to open a huge bitcoin data center in the Republic of Georgia.

The San Francisco-based company, which was incorporated in the Netherlands, also says it will go public in the U.S. next year.

But for a company with such ambitions, little information is available about BitFury’s founders. Read More »

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